Stock-Market Outlook - BusinessMirror

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Share prices moved up for the sixth straight last week on investor optimism on the prospects for the local currency and the expected slowdown in interest rate hikes.

The index retreated on Monday, but it recovered and stayed in the green until the end of the week.

Top losers, meanwhile, were AbaCore Capital Holdings Inc., Ferronoux Holdings Inc., Filipino Fund Inc., Manila Bulletin Publishing Corp., AllHome Corp. and Kepwealth Property Phils. Inc.Share prices may take a breather this week as the market is ripe for profit-taking after six weeks of ascent. Japhet Louis O. Tantiangco, senior research analyst at Philstocks Financials Inc., meanwhile, said chart-wise, the local market has been able to maintain its position above the 6,400 level and has gotten past its 200-day exponential moving average last week.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 19. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Earnings data, digitalization news lift Security Bank stock - BusinessWorld OnlineSHARES in Security Bank Corp. moved upward as market players assessed its latest earnings report as well as its partnership with Consolsys, the Malaysia-based automation company that will handle the listed bank’s move to go digital.
Sumber: bworldph - 🏆 9. / 68 Baca lebih lajut »

Global oil market flashes warnings as demand concerns spike - BusinessMirrorThe global oil market keeps sending up flares on the outlook for weaker demand. In the latest, a closely-watched gauge of Asian crude consumption tumbled to a seven-month low as surging virus cases in China trigger lockdown-like restrictions in the world’s biggest importer. The premium of Oman futures over Dubai swaps fell below $1 a barrel on
Sumber: BusinessMirror - 🏆 19. / 59 Baca lebih lajut »

Prague’s Christmas market returns, but with fewer lightsThousands of people poured into Prague&39;s medieval Old Town Square at the weekend for the lighting of a 25-meter Christmas tree and the reopening of the annual market after a two-year COVID-19 shutdown, but the energy crisis meant fewer lights than usual.
Sumber: gmanews - 🏆 11. / 68 Baca lebih lajut »

Chinese company powers financial and e-commerce transactions in PHGuo says Alibaba Cloud adheres to international information security standards and best practices when it comes to security compliance. READ:
Sumber: MlaStandard - 🏆 20. / 55 Baca lebih lajut »

Investors ready to cash in last week’s gains from stocksThe Philippine Stock Exchange index is expected to succumb to profit-taking this week after capping a four-day rally as investors cheered the Bangko Sentral ng Pilipinas’ decision to rule out future jumbo rate hikes.
Sumber: inquirerdotnet - 🏆 3. / 86 Baca lebih lajut »